Study uses forty years of quarterly data to project a lengthy global recession from COVID-19 – knocking 3% off world GDP by end of next year. The manufacturing bases of China and East Asia are predicted to fare better than most Western economies.
Tag: covid 19 economy
Pivoting Is the New Normal (In the COVID-Impacted Business Environment)
Entrepreneur Andy Shallal and Maryland Smith Associate Dean of Undergraduate Programs Victor Mullins will discuss pivoting business strategy in the midst of a global pandemic, economic distress and racial protests.
Global Trade During COVID-19 and the WTO Response: July 27 Webinar
Experts representing Maryland Smith and the World Trade Organization will discuss COVID-19’s impact on global trade, the WTO response and implications for the future of trade.
COVID-19 Is Transforming Commercial Use of Digital Technology
Joël Le Bon, a Johns Hopkins Carey Business School associate professor and co-founder of the school’s Science of Digital Business Development Initiative, looks at the immense impact of the COVID-19 crisis on the world of digital business.
Faculty Receive Grant to Examine the Economic and Social Impacts of COVID-19 Public Health Policies in Uganda
Rutgers faculty receive grant to study how COVID-19 policies affect health care utilization, food security, and mental health in sub-Saharan Africa.
Beaumont researchers develop COVID-19 test that can detect virus in saliva, blood or urine in 45 minutes Beaumont researchers develop COVID-19 test that can detect virus in saliva, blood or urine in 45 minutes Beaumont researchers develop COV
Rapid test for COVID-19 can help contain the virus and contribute to a successful reopening of the economy
Coronavirus: a wake-up call to strengthen the global food system
A new commentary in the journal One Earth highlights not only climate-related risks to the global food system, such as drought and floods, but also exposes the coronavirus pandemic as a shock to the system that has led to food crises in many parts of the world. To address the challenges of a globally interconnected food system, a systems approach is required.
Redesigning Hand Sanitizer and Donating 7,000 Gallons to Fight Covid-19
Notice how hand sanitizer has made a comeback? It was running out, but this charitable initiative helped revive it by tapping into ethyl alcohol and FDA approval.
Can Firms Be Trusted After Easing of Collusion Rules During Pandemic?
Johns Hopkins Carey Business School Professor and Vice Dean for Faculty and Research Valerie Suslow, joined by research colleague Margaret Levenstein of the University of Michigan, examines the impact of relaxed regulations against corporate collusion during the COVID-19 pandemic.
Anesthesia Practices See Major Financial Hit as Physician Anesthesiologists Pivot During COVID-19 to Treat Patients in Critical Care and ICUs, ASA Survey Highlights
A recent survey of anesthesia administrators and executive members of the American Society of Anesthesiologists (ASA) finds a majority of physician anesthesiologists pivoted from working in the operating room to treating COVID-19 patients in critical care units and ICUs, making the most of their expertise in intubation, ventilation strategies, and critical care medicine, which includes all aspects of resuscitation with multiorgan failure.
Minimum wage increases a mixed bag, but ‘not a good idea’ amid crisis
Researchers who have parsed minimum-wage increases over the past half-decade find a mixed bag of immediate results in states that push wages higher, but the pandemic-roiled economy changes all that, they say.
WVU Extension provides general workplace safety guidance as businesses begin to reopen
As West Virginia moves forward with reopening plans, it is critical for businesses of all types to prepare their workplaces and employees for controlling and reducing the risk of transmission of the COVID-19 virus in the workplace. West Virginia University Extension Service Safety…
Rush University Medical Center Reopens Elective Surgery and Outpatient Services
Rush University Medical Center, one of the nation’s most highly rated hospitals for quality and safety, has taken a series of innovative measures that strategically balance patient needs with science and safety as it resumes normal operations.
Supply chain challenges to remain as states start to reopen
A supply chain expert expects some hiccups as states start to reopen and supply chains slowly rebound from the coronavirus pandemic. Scott Grawe says the uncertainty that led to shortages of toilet paper and cleaning supplies at the start of this pandemic will continue to disrupt supply chains.
Ophthalmologists Zoom to Capitol Hill
More than 200 ophthalmologists from 40 states today are Zooming or teleconferencing with lawmakers and their staffs in Washington, D.C. to push for congressional support for measures that will help physician practices survive the COVID-19 pandemic and to restore patients’ timely access to sight-saving treatments.
China Boycott: Texas A&M Economist On The Realities Of Ending Trade With China
There is growing sentiment around the world to relocate manufacturing and boycott Chinese goods, seemingly to punish China for its perceived role in the COVID-19 pandemic. But what effects could a boycott have on the global economy, the cost of…
University Hospitals Launches “UH Healthy Restart Playbook” to Help Businesses Restart
Announcement of University Hospitals “UH Healthy Restart Playbook” — a comprehensive toolkit to help businesses emerge from the COVID-19 crisis.
EXPERT PITCH: WVU Extension Service expert addresses national meat shortage concerns
In response to the ongoing COVID-19 pandemic, many meat processing and food production facilities have temporarily closed or reduced operations, raising concerns about shortages and the safety of our nation’s food supply. West Virginia University Extension Service Livestock Specialist Kevin…
How the coronavirus pandemic accelerates the 4th Industrial Revolution
Why coronavirus will accelerate the Fourth Industrial Revolution Sanjeev Khagram is an expert in global leadership, the international political economy, sustainable development, and the data revolution. As director general and dean of Thunderbird School of Global Management, Khagram has Thunderbird…
Legal and National Security expert available to discuss COVID-19 Implications for US
Michael Greenberger, JD, is founder and director of the University of Maryland Center for Health and Homeland Security and a professor at the University of Maryland Francis King Carey School of Law. He is available to discuss a broad range…
Businesses need to consider health, financial situation of employees in return to work amidst COVID-10
Employers need to consider the health and economic consequences of asking employees to return to work amidst the COVID-19 outbreak, according to Nicole Hassoun, professor of philosophy at Binghamton University, State University of New York. Hassoun said that employers may…
Economist Available to Discuss New Immigration Order
Rutgers scholar and economist Jennifer Hunt is available to comment on the latest developments concerning President Trump’s forthcoming executive order barring new immigration. President Trump announced last night the order would include 60-day pause on the issuance of certain immigration green…
Quick Take: After COVID-19, When Will Las Vegas’ Tourists Return?
Beginning in 2007 through 2009, the Great Recession affected Las Vegas more than anywhere else in the United States. The Las Vegas’s economy will, once again, be dealt a difficult hand as a result of the COVID-19 global pandemic, according to Stephen M. Miller, director of the Center for Business and Economic Research (CBER) and economics professor at Lee Business School.
UVA Darden Professors Examine Fed’s Extraordinary Response to Coronavirus Crisis
In a recent webinar hosted by the University of Virginia Darden School of Business and moderated by JP Morgan Private Bank Managing Director Jonathan England (MBA ’06), Professors Frank Warnock and Kinda Hachem outlined the extraordinary measures the Fed has taken to keep key aspects of the economy functioning during the coronavirus crisis, as well as additional tools the central bank may use as the crisis continues.
Worker shortage more likely than food shortage amid coronavirus pandemic
Ednilson Bernardes, chair of the Global Supply Chain Management program within West Virginia University’s John Chambers College of Business and Economics, says companies like Smithfield and Tyson Foods closing their meat-producing plants is unlikely to lead to a food shortage.…
DePaul University experts available to discuss recovery, life after the COVID-19 pandemic
Recovery. Reentry. Reopen. Return. A new normal. Faculty experts at DePaul University are available for news media interviews about what comes next — after the COVID-19 pandemic. Does the world return to normal or will there be fundamental changes to how we live our lives, work, and travel; and how we are governed?